Odaily reported that in an interview with CNBC's Squawk Box, U.S. SEC Chairman Gary Gensler stated that he believes it is unlikely that funding from the cryptocurrency electorate and digital asset interest groups influenced the outcome of the U.S. presidential election, leading to the victory of former President Trump. Gensler will be stepping down on the day of Trump's inauguration, and he discussed key points from his previous remarks on investor protection during his tenure leading the SEC. Gensler said: "I believe, as you pointed out, that this election was funded from the cryptocurrency space, but I think it is unrelated to the outcome of this election. The cryptocurrency space is a highly speculative space that has long been out of compliance with various laws, whether it's anti-money laundering laws, sanctions laws, or securities laws."